The net tonnage transiting the canal during the first half of 2021 increased by 3.8 percent, by 610.1 million tons during the first half of the current year, compared to 587.7 million tons during the same period of last year, with an increase of 22.4 million tons. The head of the authority stressed that the revenues of the Suez Canal, despite the various challenges, witnessed a great boom recently, as navigation statistics during the fiscal year 2020/2021 recorded the highest annual revenue in the history of the canal amounting to $5.84 billion, compared to $5.72 billion during the 2019/2020 fiscal year, with an increase 2.2 percent, or $124.3 million. The Canal’s revenues during the first half of 2021 achieved about $3 billion, compared to $2.76 billion during that period last year, with an increase of 8.6 percent or $237 million. While the number of car carriers increased during that period by 27.8% percent, and dry bulk vessels increased by 5 percent during that period, according to Rabie. He expressed his hope that the performance rates will witness unprecedented records by the end of the current calendar year in terms of the number of transiting ships, tonnage and revenues generated.
